Gitlab Tokenized Stock (Reality) vs Circle Internet Group (bStocks Tokenized Stock)

Circle Internet Group (bStocks Tokenized Stock) (CRCLB) is 13739.1× the size of Gitlab Tokenized Stock (Reality) (RGTLB) by market capitalisation. Their daily returns move barely together (correlation 0.28 across 26 shared trading days). CRCLB has been the more volatile of the two, at 83% annualised against RGTLB's 39%.

Correlation: 0.28
Size ratio: 1 : 13739.1

Gitlab Tokenized Stock (Reality)RGTLB

$48.3500

24h: —
Market cap: $11,100
Volume 24h: $47
Volatility (ann.): 39%

Circle Internet Group (bStocks Tokenized Stock)CRCLB

$69.4000

24h: -7.92%
Market cap: $152.50M
Volume 24h: $47.56M
Volatility (ann.): 83%

RGTLB 0.0%Share of the two combined market caps100.0% CRCLB

Performance

RGTLBCRCLB

7 days+8.51%-10.02%RGTLB
30 days+13.84%-18.89%RGTLB
90 days—+1.70%—

Correlation

0.28over 26 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.2890d: insufficient data1y: insufficient data

Measured on daily returns rather than on prices. Two assets that both simply trend upward score near 1.0 on raw prices whether or not they move together, so returns are what answer the question people mean by correlation.

Risk & extremes

Metric	RGTLB	CRCLB
Max drawdown (400d)	-8.0%	-35.4%
Risk-adjusted return (90d)	0.36	0.02

Relative strength over 90 days: RGTLB outperformed CRCLB by 14.6% — measured on the RGTLB/CRCLB ratio, so it holds regardless of market direction.

Gitlab Tokenized Stock (Reality) →Circle Internet Group (bStocks Tokenized Stock) →